Liners add capacity to Asia-ECSA as ocean rates hit 18-month high
With Asia-South America ocean freight rates at an 18-month high of around $4,350 per 40ft, ...
Like a footballer returning from a potentially career-ending injury who appears unable to commit to a tackle, the spectre of Hanjin continues to haunt the South Korean shipping industry – it is hard to overstate just how traumatic many found the bankruptcy of its largest shipping line; surely one of the key reasons why the country’s government continues with its support of Hyundai Merchant Marine.
[One little-reported news item from a month ago is the company’s formal rebranding into just plain ...
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